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Bitcoin traders target downside liquidity after key price supports crumble: Is $107K next?

Bitcoin slips under $111,500 as $280 million in leverage long positions are liquidated, but key support levels may decide if BTC rebounds or risks a deeper breakdown.

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Bitcoin traders target downside liquidity after key price supports crumble: Is $107K next?

Bitcoin slips under $111,500 as $280 million in leverage long positions are liquidated, but key support levels may decide if BTC rebounds or risks a deeper breakdown.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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